Mexico City Publishes Regulations Allowing Uber and Other Ride-Sharing Apps Reuters
go to original July 16, 2015

Mexico City Unveils Rules for Ride-Hailing Services (wochit)

Mexico City became the first city in Latin America to regulate Uber, announcing rules that include a 1.5 percent ride levy, a yearly permit fee and a minimum vehicle value.

The city government said vehicles used by Uber and other services such as Cabify would have to cost at least 200,000 pesos ($12,674). That was 50,000 pesos less than in draft regulation seen by Reuters last week, but more than the company had hoped. Each Uber vehicle will also need a 1,599 peso yearly permit that will be paid by the driver.

Nevertheless, the rules did not impose a limit to the number of vehicles Uber could deploy around the city, which Mexico City had threatened to do in its preliminary proposals.

Uber said the 200,000 peso minimum value was “a high bar” but “doable.” Before the regulation was published, the firm said the price had “no logical benefit” to the city.

The minimum start-up cost for drivers to use its most popular service was around 150,000 pesos including the cost of a car, but most cars are valued at more than 200,000 pesos when other features are included, Uber spokeswoman Ana Paula Blanco said.

The company was relieved that a previous plan to enforce a minimum car age of five years had been removed.

Read the rest at HurriyetDailyNews.com

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